tradetechnicalanalyst

tradetechnicalanalyst Updated 

Bitcoin chart is weak now. weakly RSI below 60 MACD also negative. Double top pattern form and correction showing. As per chart it may test 76076 soon. It can short on any bounce up to 92000. These is Neckline place near 76076 of Inverse H&S pattern. It would be retest of neckline.

tradetechnicalanalyst

Nifty has been corrected 17% from top. As per chart index is in oversold condition on daily chart. There is still space for downside lower levels for support would be 21800 and 21222.

tradetechnicalanalyst

Nifty is showing divergence on support and bank nifty already showing reversal with divergence. Nifty is strong till trading above 22700. Buy on dip market.

tradetechnicalanalyst

Bank nifty is showing divergence on chart. Divergence repeats as like 6Aug 2024 to14 Aug 2014 as per chart. MACD also showing cross over. Bank nifty bounce is expected from here.

tradetechnicalanalyst

As per H&S chart pattern, It may correct up to 4.24%, It means Nifty may bounce from here.

tradetechnicalanalyst Updated 

Back-to-Back Evening star form on B-nifty chart weak sign, If it will give weekly closing below 52000. Deep correct may come up to 49700 again.

tradetechnicalanalyst Updated 

US Government 10Yrs. Bond Yield trading in parallel channel. After fake break out it come down in channel again. As per chart it may correct up to 4%,3.79% and 3.06% level soon. It has inverse relation with index, so nifty and bank nifty may give good up move in next 2-3 months as both charts suggested also the same.

tradetechnicalanalyst Updated 

Inverse H&S pattern with neckline 53800, Any dip would be buying opportunity for target 55055.

tradetechnicalanalyst Updated 

Fin nifty form Inverse H&S pattern. It has been broken the neckline of pattern. if any dip come for return move can buy /add more fin nifty stocks. like Bajaj fin, Bajaj finserve.

tradetechnicalanalyst Updated 

Silver form H&S pattern with neckline 88222. if sustain below this level it may test 79777 and 75075.

tradetechnicalanalyst Updated 

Nifty form H&S pattern. As per chart pattern final target would be 23300-23160. Market may reverse from these levels.

tradetechnicalanalyst Updated 

Shriram finance is form inverse Head & shoulder pattern. It can long from here if come near 1650 add more. Target would be 2700.

tradetechnicalanalyst Updated 

Nifty forming H&S pattern on weekly. With the neckline 24900 if it closes below this level, it may come up to 24500-24100 in short time.

tradetechnicalanalyst Updated 

Bank nifty form Evening Star on Weekly chart. Bearish pattern, It can short on higher level 51500-52000. It may correct up to 49600 to 48600 soon.

tradetechnicalanalyst

MAs financial is on reversal mode. As per chart protecting it's current low 272. Indicator are giving bullish indications. It may test 326 and 380 soon.

tradetechnicalanalyst Updated 

Bandhan Bank is giving reversal sign on chart, Dow theory change making Equal low to Higher Low. There is huge volume in reversal move. It may test 260 to 290 soon.

tradetechnicalanalyst Updated 

Cyient ltd. is trading in Wave 4,It may give break out above 1914 of trend line and wave4 correction. As per Elliot wave theory after break out it will come in wave 5 and target would be equals to wave 1, which is 2743.

tradetechnicalanalyst Updated 

Bajaj finserv trading as per Elliott wave, It was given break out of triangle pattern at1700, As per chart Possible target would be 1836, 1932 and 2431 soon.